MF Acquisitions: A Guide to Capital Markets and Underwriting with Rob Beardsley | Know your why #264

EPISODE SUMMARY:

Have you ever wondered how to maneuver the complexity of real estate investing? Our guest, industry expert Rob Beardsley, unravels the world of real estate investing in this intriguing chat. We cover Rob’s journey from being raised in a real estate family to starting his own company, Lone Star Capital. He shares his experiences grappling with the contrasts of single-family and multi-family investing, the importance of long-term planning and delayed gratification, and the challenges of stepping away from the comfort of middle-class living.

What does it take to become an expert in underwriting? Rob, with his background in technology, shows us how. He plunged into this niche when he realized the lack of resources on underwriting. His hands-on experience led him to author a book, a tool that filled this gap and expanded his network remarkably. We also get a peek into Rob's current responsibilities which involve managing the acquisitions process, negotiating terms, and raising equity.

The role of debt and equity in the underwriting process and the effort in raising equity is discussed in detail. Looking into the future, Rob offers his perspective on the potential of the market over the next 12-18 months. With a finger on the pulse of the real estate industry, he talks about preparing for viable opportunities despite the challenges of raising capital in the current environment. He underscores the importance of avoiding bad deals to protect one's reputation. Rob also opens up about his personal drive and motivation.

Intrigued? Join us for this eye-opening discussion as we explore the mindset of a successful entrepreneur and the state of the real estate market.

ROB'S BIO:

Rob oversees acquisitions and capital markets for Lone Star Capital and has acquired over $350M of multifamily properties. He has evaluated thousands of opportunities using proprietary underwriting models and sold over 10,000 copies of his book, The Definitive Guide to Underwriting Multifamily Acquisitions.

GET IN TOUCH WITH ROB:

www.lscre.com

EPISODE CHAPTERS:

(0:00:00) - Real Estate Investing and Long-Term Wealth Real estate investing insights from Rob Beardsley: single vs. multi-family, long-term thinking, breaking the middle-class trap, and building wealth.

(0:08:51) - Real Estate Investment Real estate investor shares struggles and lessons, emphasizing long-term vision and benefits of starting young.

(0:13:53) - Expertise in Underwriting and Capital Raising Nature's underwriting world, tech background, book success, acquisitions, debt and equity, and raising equity.

(0:18:11) - Real Estate Market Opportunities Outlook Future of market, goals of Loans Start Capital, challenges of raising capital, and personal drive of founder Rob.

(0:24:37) - Setting and Pursuing Life Goals Real estate investor Rob Beardsley shares insights on setting goals, humility, and patience in the industry.

If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara

Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/

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